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Drewry: Heres comes the ULCV wave from the small carriers

The ultra large container ships are no longer exclusive to the biggest carriers. A majority of the ULCV's set to hit the market within the next few years have been ordered by the smaller container carriers, says Drewry.

The small and medium-sized container carriers will not be outdone by the world's three largest liner companies, who are currently in the midst of inserting their ultra large container ships, such as Maersk Line's Triple-E series.

According to the latest newsletter from British analysts Drewry, carriers not part of the future P3 alliance - that is, all other carriers than Maersk Line, MSC, and CMA CGM - were responsible for 45 percent of the new container ships of more than 10,000 teu hitting the market in 2013. But this figure will rise to 57 percent by 2016, if all the orders now placed are executed according to schedule.

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